LGD considers shutting down its E2 OLED production line due to the company's financial problems

LG Display is currently producing flexible AMOLED displays for Apple's smartwatches in its E2 4.5-Gen line in Paju. The company hasn't been able to improve its financials as LCD prices are under pressure, and following a recent managerial shuffle, it is now reported that LGD is considering shutting down its E2 line.

The E2 production capacity is around 20,000 substrates per month, but it is less economical than LG's larger OLED lines, the E5 and E6 lines which are 6-Gen lines. LG will reportedly move production from its E2 line to its larger lines.